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Adams Media
Wealth Creation for Small Business Owners: 75 Strategies for Financial Success in Any Economy
Wealth Creation for Small Business Owners: 75 Strategies for Financial Success in Any Economy
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“Wealth management . . . is not often at the forefront of a young entrepreneur’s mind. But with some careful planning you can ensure that you are flush for the future.”
—Dominic Preston, GrowthBusiness.com
—Dominic Preston, GrowthBusiness.com
Millions of small business owners are sitting on a gold mine and don’t realize it! Your enterprises can be tools for creating extensive personal wealth—assets not tied to your businesses. Certain little-known small business laws allow entrepreneurs to use business tax systems to build retirement funds, maintain good health care and insurance, and hold on to family assets. Now, using easy-to-grasp strategies, lawyer and professor James E. Cheeks demonstrates how to legally:
- Shelter business profits from tax
- Decide who should hold business assets
- Withdraw business profits when needed
- Protect assets from creditor claims
- Create and preserve family wealth
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